Los Angeles, CA -- (SBWIRE) -- 04/19/2019 -- This study focuses on the production side and consumption side of Green Tire, presents the global Green Tire market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Green Tire capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Green Tire by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Green tire means the tires used a whole new breed of environmentally friendly rubber. .Green tire technology focuses on the fuel efficiency bit. These eco-friendly tires also employ a special type of tightly bonded rubber in the tread blocks to retain more energy while driving – this means a lower rolling resistance and therefore less engine power sapped in rotating the tire.
The classification of Green Tire includes All-Steel Tire and Semi-Steel Tire, and the revenue proportion of Semi-Steel Tire, in 2016 is about 68.34%.
Europe is the largest consumption place, with a consumption market share nearly 45% in 2016. Following Europe, North America is the second largest consumption place with the consumption market share of 17%.
Market competition is not intense. Michelin, Bridgestone, Continental, Pirelli, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
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The Green Tire market was valued at 70300 Million US$ in 2017 and is projected to reach 158500 Million US$ by 2025, at a CAGR of 10.7% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Green Tire.
This report includes the following manufacturers; we can also add the other companies as you want.
Sumitomo Rubber Industries
Market Segment by Product Type
Market Segment by Application
Light Commercial Vehicle
Heavy Commercial Vehicle
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